WHERE DOES ZAMBIA GO FROM HERE WITH FALLING COPPER PRICES?
Looking forward to what lies ahead particularly for Zambia; The Citizens Democratic Party still sees opportunity, even though there is an economic break down in the financial centers of the global market. An informed and capable leadership will know that whilst it is true that the world economy has slowed, there were serious breaches in the money markets of individual countries, in the manner financial matters were handled by PRIVATE corporations. In any case, the various countries have already started to take extraordinary steps to try and correct this fiasco. Furthermore, economists know that any economy is cyclical. There are ups and downs with any economy and sometimes the “downs” are really adverse” and at other times the “ups” are really good. For Zambia, now is not the time for leaders to bury their heads in the sand and blame the downturn in the world economy for their failures or inadequacies. The Kwacha has “lost value” in the past weeks, and the world economic downturn, as w